COMPANIES ACT, 1929 
7¢° 
(1) In the case of a clerk or servant of such a company, the 
priority with respect to wages and salary given by this Act 
shall be given to the extent of three months only, instead of 
four months, and shall not extend to the principal agent, 
manager, purser or secretary; 
(2) All wages in relation to the mine of a miner, artizan, or 
labourer employed in or about the mine, including all 
earnings by a miner arising from any description of piece or 
other work, or as a tributer or otherwise, but not exceeding 
an amount equal to three months wages, shall be included 
amongst the payments which are, under this Act, to be 
made in priority to other debts: 
(3) The following debts, that is to say: — 
(a) wages of any miner, artizan, or labourer, unpaid at 
the commencement of the winding up; and 
(b) all such amounts due in respect of any compensation 
or liability for compensation under the Workmen's 
Compensation Act, 1925, payable to a miner or the 
dependents of a miner as are given priority by paragraph 
(d) of subsection (1) of section two hundred and sixty-four 
of this Act; and 
(¢) all such amounts due in respect of contributions 
payable in respect of a miner under the enactments 
mentioned in paragraph (¢) of the said subsection (1) as 
are given priority by that paragraph; 
shall be paid by the liquidator forthwith in priority to all 
costs, except (in the case of a winding up by the court) 
such costs of and incidental to the making of the winding 
up order as in the opinion of the court have been properly 
incurred, and to all claims by mortgagees, execution 
creditors, or any other persons, except the claims of clerks 
and servants in respect of their wages or salary. 
(4) Subject as aforesaid, the court may, by order, charge the 
whole or any part of the assets of the company, in priority 
to all claims and to all existing mortgages or charges 
thereon, with the payment of a sum sufficient to discharge 
the debts to be paid in priority under the last foregoing 
paragraph, together with interest thereon at a rate not 
exceeding five per cent. per annum, and this charge may 
be made in favour of any person who is willing to advance 
the requisite amount or any part thereof, and as soon as the 
said sum has been so advanced, the said debts shall be 
paid without delay so far as the amount advanced extends, 
and in such order of payment as the court directs. 
(5) The provision giving a right of priority to a person who 
has advanced money for the making of payments on 
account of wages and salaries shall have effect subject 
to the modifications contained in this section.